fbpx
IRS Update: New Form 1099-NEC

IRS Update: New Form 1099-NEC

If you are a business owner who has worked with subcontractors or freelancers, you’ve been using Form 1099-MISC to report your payments. Starting with the 2020 tax filing season, that will no longer be the case. Instead, you’ll now be filing Form 1099-NEC. WHAT ARE...
A Beginner’s Guide to Tax Planning

A Beginner’s Guide to Tax Planning

Do you think your CPA has you covered? Most people think so. But is your CPA taking full advantage of deductions, retirement strategies, and location specific policies that could reduce your taxes by thousands of dollars? Probably not. At Alfano & Company, we...